Whether
we like it or not, social media has had a major impact on how businesses
interact with their customers online. It is a great avenue for businesses to
get their messages out and enhance awareness of their brands. It also has a
huge potential of backfiring if any possible customer complaints voiced via
social platforms are not handled properly. In addition, a lot of companies are
still not responsive enough on social media and rarely reply to potential
customer inquiries through the channel. As a result, many businesses fail to
tap the full potential of social media when it comes to understanding and
consolidating their client base. That’s where social customer relationship
management (CRM) programs such as the one developed for the Chinese market by
Moxian, Inc. (OTCQB: MOXC) come in.
The
traditional customer relationship management platform typically focuses on
managing and collecting static data about customers based on phone or email
interactions between company and customers. The collected information often
includes contact history, past purchase data and customer demographics. With
Social CRM systems, an additional layer of information is added, extracted from
the social networks where a customer shares information. A Social CRM allows
companies to develop a more complete profile of their customers by tracking
info such as revenue and social influence. By monitoring information that the
consumer shares publicly outside of the direct communication with the company,
any business will be able to combine the data it already has about current or
prospective customers with new info around their intentions and sentiments.
This will allow companies to take action faster, project customer needs in
advance and develop a customized response to each consumer group.
It
was with this personalized approach in mind that Moxian set off in 2010 to
create a new way of combining social media with business intelligence and
entertainment. The Chinese company’s proprietary Social CRM system is at the
foundation of its multi-channel social commerce platform, and was developed in
such a way to help consumers and merchants interact, further allowing merchants
to run targeted advertising and promotions that can then generate personalized
reports.
Targeting
the giant Chinese online-to-offline market, Moxian’s platform for small and
medium-sized enterprises consists of two primary mobile apps: Moxian+ Business
App for merchants and Moxian+ User App for shoppers, both of which are
available for free download for both iOS and Android users.
The
company’s business app has built in Social CRM and offers merchants a wide
range of options, from setting up a store on the Moxian platform to pushing
promotions through the platform and obtaining customized reports for their
stores. The user app serves to introduce consumers to the platform and includes
social networking capabilities, a game center and a redemption center. The app
comprises Moxian’s proprietary virtual currency, MO-Points and MO-Coin, which
can be earned by playing games and then used to redeem prizes from merchants or
Moxian. This mechanic ultimately helps to drive registered consumers to the
merchants and allows companies to advertise their services, run marketing
campaigns and learn about their customers and their habits through the Moxian
platform.
For
more information, visit the company’s website at www.Moxian.com
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MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html